SEBON Approves Acquisition of Rastra Utthan Laghubitta by Asha Laghubitta

Jun 26, 2023 12:15 PM Merolagani

Securities Board of Nepal (SEBON) has approved the acquisition of Rastra Utthan Laghubitta by Asha Laghubitta.

The board approved the acquisition under Merger and acquisition Related Guidelines for Public Company, 2079.

Asha Laghubitta obtained NRB approval for the acquisition on June 6.

The companies signed merger/acquisition agreement on April 12.

Asha Laghubitta headquarterd at Madarpur, Nuwakot is acquiring Rastra Utthan Laghubitta head quartered at Sanga, Banepa, Kavre.

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